One of my good friend had deposited around Rs.1,00,000/- tax on Regular Assessment with wrong name and PAN and after one day we knew about this mistake. So now what is the solution for the same so that we can deposit the same in right account.
02 March 2013
If wrong PAN is quoted in challan,then it can be corrected through the banker where tax is deposited within 7 days & after 7 days it goes to Assessing officer. So if you have not corrected through bank within 7 days then you have to apply to the AO.
CAclubindia
